Defensive assets are critical to preserve wealth

As you know, there are no stock indices or gold in these trading baskets which outperform the SPY bench market. This is how you preserver wealth! That could change in coming weeks but for now, as war, the virus, and inflation perists, these risk will be remain in the global markets. It is quite evident that the risk off and the SPY has been negative for the last few months.

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How to really protect wealth not these 5 ways from Forbes

This articles has some ok tips for wrong reasons found in this Forbes articles about how to protect wealth. Two of them are absolute financial suicide as inflation kicks into high gear in coming months. This is especially true as the Federal Reserve are about to raise interest to fight inflation. This will have a huge negative impact on those with mortgages and being over extended.

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